Which is the best definition of start-up costs?

Question

Quizplus · Accepted Answer

Start-up costs are those one-time expenses necessary to open a new business or location. These costs may include things like hiring and training employees, marketing and advertising expenses, purchasing equipment and supplies, and leasing or renovating a facility. These costs can also include expenses associated with introducing a new product or service, entering a new market or territory, or starting a new operation within an existing business. Start-up costs are distinct from ongoing expenses required to maintain or improve existing products, services, or facilities, which fall under the category of operating costs.

Which Is the Best Definition of Start-Up Costs